Sealed Air Corporation (SEE): $0.49 million was the positive money flow into the stock on Thursday and the up/down ratio of ticks was also in favor of the bulls at 1.52. The value of trades done on upticks was $1.44 million, whereas, trades done on downticks were valued at $0.95 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $0.1 million worth stocks on upticks, which is a bullish indication. The money flow in block trades was $0.1 million. Sealed Air Corporation (SEE) fell $0.09 traded at $48.28, a change of -0.19% over the previous day. The stock is 2.66% for the week.
The stock has recorded a 20-day Moving Average of 4.14% and the 50-Day Moving Average is 3.68%. Shares have dropped -10.84% from its 1 Year high price. On Aug 10, 2015, the shares registered one year high at $55.84 and the one year low was seen on Jan 28, 2016. The 50-Day Moving Average price is $46.44 and the 200 Day Moving Average price is recorded at $45.81.
Sealed Air Corporation (NYSE:SEE): The stock opened at $48.65 on Thursday but the bulls could not build on the opening and the stock topped out at $48.88 for the day. The stock traded down to $48.12 during the day, due to lack of any buying support eventually closed down at $48.33 with a loss of -0.08% for the day. The stock had closed at $48.37 on the previous day. The total traded volume was 1,027,203 shares.
In an insider trading activity, The officer (Vice President), of Sealed Air Corp/De, Roper Ruth had unloaded 18,000 shares at $44.08 per share in a transaction on February 22, 2016. The total value of transaction was $793,440. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
Sealed Air Corporation is engaged in food safety and security, facility hygiene and product protection business. The Companys segments include Food Care, which provides integrated system solutions for retailers and food service operators; Diversey Care, which provides integrated system solutions for food safety and security under Diversey brand; Product Care, which provides product care solutions to meet cushioning, void fill, positioning or block-and-bracing and surface protection, among others, and Other, which includes corporate, medical applications and new ventures businesses. Its brands include Cryovac packaging technology, Diversey and Taski brand cleaning and hygiene solutions, Bubble Wrap brand cushioning, Jiffy protective mailers and Instapak foam-in-place systems. In addition, the Company offers I-Pack system, which supports various pick stations, and e-Cube system, which is an automated packaging solution.